🤝 JPMorgan and DBS create a bridge for tokenized deposits.

Two financial giants are developing a framework that will allow you to transfer tokenized deposits between public and private networks.

✦ JPM Deposit Tokens holders (in the Base network) will be able to conduct transactions with DBS Token Services users on a private blockchain.

✦ The project solves the problem of lack of native compatibility and increases the security of cross-chain transactions.

✦ The goal is round-the-clock inter-network transfers and settlements while maintaining the «unity of money».

@Сryptoz ₿